Kornit Digital (KRNT) Tops Q2 EPS by 4c

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Go back to Kornit Digital (KRNT) Tops Q2 EPS by 4c

Kornit Digital Reports 2017 Second Quarter Results

August 7, 2017 4:06 PM EDT

Highlights

GAAP second quarter 2017 revenue of $28.6 million, net of $1.4 million of non-cash customer incentive related to outstanding warrants issued to Amazon.Non-GAAP second quarter 2017 revenues of $30.0 million, an increase of 25.3% over the prior-year.Second quarter 2017 GAAP operating loss of $0.1 million, compared to operating profit of $0.1 million in the prior-year.Second quarter 2017 non-GAAP operating profit of $2.7 million, compared to $1.0 million in the prior-year.Second quarter 2017 GAAP net income of $0.2 million, or $0.01 per diluted share; non-GAAP net income of $3.0 million, or $0.09 per diluted share.

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